Pensions reforms start before A-day - ScotEq

Pensions development manager at Scottish Equitable, Rachel Vahey says the industry may well overlook the pensions introduced during this week by the Pensions Act, particularly new measures on occupational pension schemes. Vahey highlights several important areas of change including the coming to power of the New Pensions Regulator. She says: “Advisers, employers and trustees should know how the Pensions Regulator will monitor schemes and what information advisers should be reporting to it, for example through scheme returns or whistleblowing.” Scottish Equitable argues under the Pens...